A dairy giant confirmed a 25% dividend payout, money arriving just before Tet

International Dairy Products JSC (IDP) has announced that January 16, 2026, is the last registration date for the second cash dividend of 2024 at a rate of 25% (2,500 VND/share), with payment scheduled for January 28, 2026, just before Tet. Approximately 154.5 billion VND will be distributed, with its largest shareholder, Blue Point JSC, expected to receive nearly 80 billion VND. Vietcap Securities and Daytona Investments will get about 22.1 billion and 19.3 billion VND respectively. Key executives such as Dang Pham Minh Loan will receive over 6.8 billion VND. As of September 30, 2025, IDP’s total assets were over 7,371 billion VND, a 6.1% increase, but it reported a net loss of 62.7 billion VND for the first nine months of the year due to rising costs. Notably, there has been an increase in advance payments, indicating significant project completions.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts